GREENWING RESOURCES LTD — Director's Dealing 2006

Dec 21, 2006

Appendix 3Y

Rule 3.19A.2

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

	Name of entity Bass Metals Ltd
ABN	31 109 933 995

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Craig McGown
Date of last notice	17 November 2005

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Ionikos Pty Ltd ATF (Mr. Craig McGown is a Director of Ionikos Pty Ltd)
Date of change	22 December 2006

$+$ See chapter 19 for defined terms.

No. of securities held prior to change	Direct
	10,001 ordinary shares
	2,500 listed options expiring 31 July 2007
	Indirect
	Hartman Pty Ltd - Director
	10,000 ordinary shares
	2,500 listed options expiring 31 July 2007
	Ionikos Pty Ltd - Director
	824,530 ordinary shares
	32,500 listed options expiring 31 July 2007
	200,000 unlisted options expiring 31
	December 2007
	Carmichael Capital Markets Pty Ltd -
	Director
	200,000 unlisted options expiring 31
	December 2007
	Rosemary Ann McGown - spouse
	10,000 ordinary shares
	2,500 listed options expiring 31 July 2007
Class	Unlisted options
Number acquired	225,000 unlisted options - exercisable at
	\$0.275 each on or before 22 December 2011.
Number disposed	Nil.
Value/Consideration Note: if consideration is non-cash, provide details and estimated valuation	Nil.

⁺ See chapter 19 for defined terms.

No. of securities held after change	Direct
	10,001 ordinary shares
	2,500 listed options expiring 31 July 2007
	Indirect
	Hartman Pty Ltd - Director
	10,000 ordinary shares
	2,500 listed options expiring 31 July 2007
	Ionikos Pty Ltd - Director
	824,530 ordinary shares
	32,500 listed options expiring 31 July 2007
	200,000 unlisted options expiring -31
	December 2007
	Carmichael Capital Markets Pty Ltd -
	Director
	200,000 unlisted options expiring 31
	December 2007
	Rosemary Ann McGown - spouse
	10,000 ordinary shares
	2,500 listed options expiring 31 July 2007
	Ionikos Pty Ltd ATF
	225,000 unlisted options - exercisable at
	\$0.275 each on or before 22 December 2011
Nature of change	Issue of 225,000 unlisted Options exercisable
Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	at \$0.275 each on or before 22 December
	2011 issued pursuant to Resolution 5 of the
	Notice of Annual General Meeting lodged on
	27 October 2006 for the 28 November 2006
	Annual General Meeting of Shareholders.

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	NA
Nature of interest	NA
Name of registered holder (if issued securities)	NA
Date of change	NA
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	NA
Interest acquired	NA

$+$ See chapter 19 for defined terms.

Interest disposed	NA
Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation	NA
Interest after change	NA

⁺ See chapter 19 for defined terms.